Wednesday, November 1, 2023

Ahead of Diwali, India's largest commercial bank has joined forces with Reliance to introduce a special card.

 

In Greeting Ocassion of Diwali, SBI Card and the Mukesh Ambani-led Reliance Retail have introduced a collaborative venture in the form of a co-branded card, the Reliance SBI Card. This innovative card not only provides an array of enticing rewards but also boasts an eco-friendly feature, being crafted entirely from 100% recycled plastic.




The Reliance SBI Card comes in two distinct variants, namely the Reliance SBI Card and the Reliance SBI Card Prime. The official announcement highlights that customers can look forward to exclusive benefits and offers when making transactions at Reliance Retail stores. These benefits encompass a wide range of sectors, from lifestyle and grocery shopping to consumer electronics, pharmaceuticals, and many more.
Key features and rewards of the Reliance SBI Card include:
  • An annual renewal fee of Rs 499, plus applicable taxes.
  • Renewal fee waiver upon achieving an annual spending milestone of Rs 1,00,000.
  • Earn 1 Reward Point for every Rs 100 spent on various retail purchases, excluding fuel, property rental, and wallet top-ups.
  • Receive a Reliance Retail voucher worth Rs 500 upon payment of the joining fees.
  • Acquire 5 Reward Points for every Rs 100 spent at participating Reliance Retail Stores (except for UPI payments).
  • Get 5 Reward Points for every Rs 100 spent on dining and movie expenses.
  • Enjoy additional discount vouchers worth Rs 3,200 from various participating Reliance Retail Stores, delivered within 45 days after the realization of joining fees.
  • Qualify for a waiver of renewal fees upon achieving annual spending of Rs 1 Lakh in the previous year.
  • Benefit from a 1% fuel surcharge waiver at all petrol pumps.
For the Reliance SBI Card Prime, the rewards and features are even more extensive, including:
  • An annual renewal fee of Rs 2,999, plus applicable taxes.
  • Renewal fee waiver upon reaching an annual spending milestone of Rs 3,00,000.
  • Earn 10 Reward Points for every Rs 100 spent at participating Reliance Retail Stores (except for UPI payments).
  • Gain 5 Reward Points for every Rs 100 spent on dining, movies, entertainment, domestic airlines, and international expenditures.
  • Earn 2 Reward Points for every Rs 100 spent on various retail purchases, excluding fuel, property rental, and wallet top-ups.
  • Receive a Reliance Retail voucher worth Rs 3,000 upon payment of the joining fees.
  • Enjoy additional discount vouchers worth Rs 11,999 from various participating Reliance Retail Stores, delivered within 45 days after the realization of joining fees.
  • Qualify for a renewal fee waiver upon achieving annual spending of Rs 3 Lakh in the previous year.
  • Benefit from a 1% fuel surcharge waiver at all petrol pumps.
  • Receive 8 complimentary visits at domestic airport lounges per calendar year, along with 4 complimentary visits at international airport lounges per calendar year.
  • Enjoy one movie ticket worth Rs 250 every month when booking through BookMyShow.

G7 Agree on Global Development of AI that is Safe, Secure, and Dependable

 The Group of Seven Developed nations is all set to establish a code of conduct for companies engaged in advanced artificial intelligence systems, as revealed in a G7 document. This initiative comes in response to the growing concerns about the potential risks and misuse of AI technology.

Highlights:

  • The European Union has taken a proactive stance in regulating AI with its comprehensive AI Act. 
  • it encourages companies to publish public reports outlining the capabilities, limitations, and both the responsible and irresponsible uses of AI systems.
  • The G7, which includes Canada, France, Germany, Italy, Japan, the United Kingdom, the United States, and the European Union, began this process in May during a ministerial forum known as the “Hiroshima AI process."



 

This voluntary code of conduct represents a significant step in how major countries will oversee AI, addressing issues related to privacy and security. The G7, which includes Canada, France, Germany, Italy, Japan, the United Kingdom, the United States, and the European Union, began this process in May during a ministerial forum known as the “Hiroshima AI process.”

The 11-point code's primary objective is to encourage the global development of AI that is safe, secure, and dependable. It will offer voluntary guidance to organizations working on cutting-edge AI systems, including advanced foundation models and generative AI systems. The code's aim is to harness the benefits of AI while effectively addressing the associated risks and challenges.

The code advises companies to take measures to identify, assess, and mitigate risks throughout the AI lifecycle. It also emphasizes the importance of addressing incidents and misuse patterns once AI products are on the market. Furthermore, it encourages companies to publish public reports outlining the capabilities, limitations, and both the responsible and irresponsible uses of AI systems. Robust security controls are also highlighted as an area of investment.

The European Union has taken a proactive stance in regulating AI with its comprehensive AI Act. In contrast, countries like Japan, the United States, and nations in Southeast Asia have adopted a more hands-off approach to stimulate economic growth. European Commission digital chief Vera Jourova has emphasized the significance of this Code of Conduct as a foundation for ensuring AI safety, bridging the gap until formal regulations are in place, as she mentioned during a forum on internet governance in Kyoto, Japan.

ChatGPT now enables users to upload and analyze PDF files and various other types of documents

 OpеnAI rеcеntly introducеd a nеw fеaturе namеd 'Advancеd data analysis', which, as thе namе suggеsts, lеts usеrs upload documеnts and gеt thеm analysеd from thе AI powеrеd chatbot.

OpеnAI, thе company that madе ChatGPT, rеcеntly introducеd a nеw fеaturе for thе chatbot that lеts usеrs upload PDF filеs and gеt thеm analysеd. Thе functionality is currеntly in bеta and availablе for ChatGPT Plus mеmbеrs.




Thе nеw fеaturе works with various typеs of documеnts likе PDFs, data filеs and othеr filеs. ChatGPT’s latеst fеaturе can comе in handy for thosе who don’t want to go through lеngthy documеnts and want to gеt information likе summariеs, undеrstand various data points and gеnеratе graphs and charts basеd on thе data in a filе.You can еnablе thе ‘Advancеd data analysis’ fеaturе by hеading to thе ChatGPT sеttings and turning on thе fеaturе from thе ‘bеta fеaturеs’ sеction.


A usеr who goеs by thе handlе ‘luokai’ on Thrеads sharеd somе scrееnshots of thеir convеrsation with ChatGPT, using thе fеaturе to upload an imagе of a capybara and asking thе chatbot to gеnеratе a Pixar-stylеd photo from thе еxisting imagе.Thеy thеn uploadеd an imagе of a skatеboard and askеd thе chatbot to makе an imagе whеrе thе capybara is holding it. Howеvеr, thе AI-powеrеd chatbot sееms to bе hallucinating as it automatically addеd a hat to thе skatеboard carrying capybara.Apart from introducing thе ability to analysе filеs, OpеnAI also introducеd multimodal support, a fеaturе that can automatically sеlеct various modеs likе Browsе with Bing, Codе Intеrprеtеr instеad of thе usеr manually changing it. It looks likе OpеnAI is still rolling out somе of thеsе fеaturеs, so it might takе somе timе bеforе thеy arе availablе to all ChatGPT Plus mеmbеrs.